New Development
The Turkish Competition Authority
("Authority") published its 2020 Annual
Report ("Report") on its official
website on March 26, 2021. The Report provides an overview of the
Authority's activities in 2020. The Report's foreword
states that due to the uncertainties and economic slowdowns caused
by the Covid-19 pandemic, the Authority increased its efforts to
maintain confidence in the markets and the
competition-dynamism-welfare. As a result, the Authority
preliminarily focused on markets such as organized retail,
e-commerce, food, house cleaning products, medical and protective
masks and hand sanitizers. In any event, the Authority reported
that despite the pandemic's negative effects, it nonetheless
met all of its performance goals stipulated in the 2019-2023
Strategic Plan.
